North Carolina Prediction MarketsSix prediction market apps are available in North Carolina

• Five CFTC-regulated prediction market apps compared
• North Carolina legal status and state-specific rules
• Fees, trading steps and a complete trading example
• Trade on the Panthers, Hornets, Hurricanes and state politics

Top prediction market promos in NC

Are prediction markets legal in North Carolina?

Yes. Prediction market trading is fully legal in North Carolina, including trading sports event contracts, on exchanges that have been approved by the United States Commodity Futures Trading Commission (CFTC). Federal law provides for this type of trading on such exchanges, and North Carolina has reinforced that status with its own laws.

In July 2026, North Carolina enacted SB 257, which states that CFTC-registered exchanges are legal in the state and operate under the sole jurisdiction of the CFTC. Unlike online sports betting in NC, North Carolina prediction markets are not subject to licensing requirements and are not accountable to the North Carolina State Lottery Commission.

However, North Carolina has imposed a 6% operator tax on the net revenues of prediction markets in NC relevant to the state. This approach represents a significant deviation from how other state governments have responded to prediction market trading, with others attempting to ban or limit online trading. This includes states like New York and Illinois.

NC prediction market apps reviewed

The top North Carolina prediction markets all offer trading within the CFTC’s regulated framework, but some exchanges are better for certain traders or perform better than others in individual aspects of the experience. With knowledge of these strengths, North Carolinians can make informed decisions about which apps are best for how they plan to trade.

These are the best prediction sites in NC right now:

• Kalshi: Best for reliable volume on markets connected to popular events
• Polymarket: Best for finding emerging markets
• FanDuel Predicts: Best for providing pricing in multiple formats
• OG Predictions: Best for users interested in financial markets
• DKeX: Best for sports fans who want a recognizable interface

Kalshi is the top pick for people who are following major events and want to use an exchange where they can be confident that the volume for markets related to those events will be significant. Market volume connected to current and popular events is more reliably higher at Kalshi than DKeX or Polymarket, and the variety of markets is usually more. Polymarket is perfect if you’re looking to get in on sports and elections and want the best bonus. 

Polymarket US

Best for finding emerging markets

Polymarket is putting a lot of resources into expanding its product in the US after reaching a settlement with the CFTC to reenter the US, and the proof of that investment is in the number of markets that become available on the app on a daily basis. While Kalshi drops a solid number of markets on an event initially, Polymarket is the leader in terms of giving traders something new to check out on each visit.

Those new market listings often feature Charlotte Hornets and Charlotte FC events including games and potential player personnel moves. Political options relevant for traders on North Carolina prediction markets include elections filling all 14 of the state’s seats in the US House of Representatives.

Kalshi

Best for high market volume on major events

Kalshi is the top pick for people who are following major events and want to use an exchange where they can be confident that the volume for markets related to those events will be significant. Market volume connected to current and popular events is more reliably higher at Kalshi than DKeX or Polymarket, and the variety of markets related to those events is usually stronger than on FanDuel Predictions or OG Predictions.

That variety includes North Carolina sports like Carolina Panthers futures and games or racing events at the Charlotte Speedway. Kalshi is also a good place to find political markets with local relevance like the race to fill one of North Carolina’s US Senate seats in 2026.

FanDuel

Best for providing pricing in multiple formats

FanDuel Predicts may provide a smoother introduction for people new to prediction market trading because it lets users view contract prices as dollar amounts, multipliers, percentages, or American odds that sports bettors will be familiar with. Traders may feel less comfortable starting out with Kalshi or Polymarket because there are fewer options for viewing contract prices.

However, FanDuel Predicts is not at this time offering sports event contracts in North Carolina. Regardless, North Carolinians can still find locally relevant markets like contracts pertaining to margin of victory contracts for former governor Roy Cooper’s US Senate run in 2026. 

OG Predictions

Best for traders interested in financial markets

OG Predictions is a product of Crypto.com and as such is the leading option for North Carolina prediction market traders interested in contracts that pertain to economic events. Users will find a better and stronger variety of contracts connected to cryptocurrency price targets, Federal Reserve interest rates, and more than on Kalshi or Polymarket here.

While OG Predictions does offer sports event contracts as well, many traders find better volumes on those events at Kalshi and Polymarket. OG Predictions earns its distinction on financial contracts and political markets such as which party will control the chambers of the US Congress after the 2026 elections.

DraftKings

Best for sports fans who want a recognizable interface

If you’ve ever used the DraftKings Sportsbook in North Carolina, transitioning to DKeX will be frictionless for you. DraftKings has heavily invested into offering a unified experience across its products for users, and the result is an interface that will feel more familiar than people getting onto Kalshi or Polymarket for the first time.

DKeX does not feature sports event contracts in North Carolina but it does have a selection of contracts pertaining to culture, entertainment, and politics. Players interested in those categories can find higher volumes on Kalshi or OG Predictions, though.

How to trade prediction markets in North Carolina

North Carolina is the first state to pass a law explicitly confirming the legality of prediction market trading, giving residents unique confidence that they can do so easily and quickly. The process of trading on prediction market exchanges in North Carolina involves six steps.

1. Select an exchange: Verify that the exchange that you want to trade on is registered with the CFTC and accepts trades originating in North Carolina. It’s also wise to compare fees associated with trading so that you get the best deal for your money.
2. Register your account: Federal regulations require exchanges to collect information about each trader like contact details, date of birth, and occupation. Traders may need to provide government documents like drivers licenses to verify their accounts.
3. Verify promo code details: Many North Carolina prediction markets give new users a welcome promo automatically, but you should ensure that you don’t need a promo code so you don’t miss out on any benefits. If a bonus code is necessary, this is the time to enter it into the app.
4. Make your first deposit: Each exchange makes its own rules about minimum deposits and which forms of payment it accepts like cryptocurrency. Common deposit methods include ACH payments and debit cards.
5. Search for relevant event contracts: It’s wise to start out with events that you know well as you are getting comfortable with trading. Contracts are connected to yes or no outcomes in the connected events and range in price from a single penny to $1.
6. Process your winnings: If you make an accurate prediction, you can visit the app cashier to select a withdrawal method and confirm how much you would like to withdraw. The withdrawal times vary based on the method you choose and the exchange you’re working with.

Example: Trading Carolina Hurricanes futures

North Carolinians may be interested in markets pertaining to whether the Carolina Hurricanes will win back-to-back Stanley Cups in the 2026-27 season. As an example, suppose that such a market traded on the yes side for $0.04 and you bought in at that price.

Should the Hurricanes pull off that feat, the contract would settle at $1 and the $0.96 difference is yours to enjoy as a profit. If another team wins the Stanley Cup in that season, the contract settles at $0.

Thanks to the format of North Carolina prediction markets, you wouldn’t have to wait until June 2027 to sell your contract. If the Hurricanes were to start the season well and the price of the contract escalated to $0.12 as a result, you could sell at that price if you like.

As your futures market price rises, you could sell out of that position and reinvest in another market, perhaps pertaining to whether Hurricanes forward Sebastian Aho will win the Conn Smythe Trophy.

How fees work at North Carolina prediction markets

Each exchange has unique policies on fees for traders in accordance with CFTC regulations. Some charge a flat fee per transaction as one example, while others may deduct a percentage of settlements.

Traders need to pay attention to these fees because they can put a significant dent in any potential profits. To get an idea of the cost of contracts on the various platforms like Polymarket, which is famous for its low fees, use the DeFiRate Fee Calculator.

Upcoming sports events to trade on in North Carolina

Many factors can affect contract prices for sporting events, including fan sentiment, player updates, and other news. For example, Duke University or the University of North Carolina landing a highly-touted recruit could move prices for many NCAA futures contracts significantly.

Even seemingly insubstantial developments like a change in the athletic director at one of those universities could also affect the price. Naturally, in-game performance for the Blue Devils or Tar Heels from one competition to the next may result in a swing in contract cost as well.

NC prediction markets vs. sports betting

Sports wagering and trading sports event contracts in North Carolina are distinct activities that people in the state can enjoy simultaneously. There are several key differences between these experiences.

• Cost structure: Sportsbooks make money when bettors lose wagers while exchanges make money with fees.
• Market structure: Prediction market users trade against each other while sports bettors wager against the house. Traders also tend to have greater flexibility in terms of moving in and out of contracts compared to people who bet on sports.
• Pricing structure: Sportsbook operators set their lines while prediction market traders determine contract pricing based on demand for the contracts.
• Regulatory structure: The North Carolina State Lottery Commission governs sports wagering as the CFTC oversees prediction market trading.

The biggest difference between trading sports event contracts and betting at a traditional sportsbook is that users collectively have greater control over contract pricing and availability with exchanges than when they view available wagers on sportsbook apps.

What markets can you trade on in North Carolina?

CFTC regulations allow exchanges to offer contracts related to a wide variety of events. Real examples of these contracts include whether the Carolina Panthers will win the NFC South Division in the 2026-27 season, how much of the vote in the Nov. 3 general election Roy Cooper will receive in his race to win a US Senate seat, and who will be the Time Magazine Person of the Year for 2026. For the complete national race map and live odds, see our 2026 midterms page.

• Cryptocurrency markets: Most of these markets are connected to price targets for individual currencies. OG Predictions tends to have the greatest volume in this regard.
• Culture markets: Contracts in this category may include box office returns, award show nominations, and developments in reality television series. Kalshi is the best choice for culture with Survivor, late night TV and reality TV.
• Economic markets: Contracts may be tied to national events like Federal Reserve interest rate decisions, inflation numbers, and stock index volumes or more local outcomes like movements in the Charlotte banking landscape. FanDuel Predicts is a great place to check out these contracts.
• Political markets: If you’re into political markets, your first choice will be Kalshi, followed by Polymarket where you can find NC and national elections like Cooper’s run for the US Senate. Mention markets can also be popular, but those are limited to Kalshi.
• Sports markets: People interested in trading in this category are best off checking out Kalshi for an array of options related to local and national events. Blue Devils, Charlotte FC, Courage, Hornets, Hurricanes, Panthers, Tar Heels, and Wolfpack contracts are very common. Almost all prediction sites will have some level of NC team coverage.

North Carolina-specific rules for prediction markets

North Carolina prediction markets are regulated by the CFTC rather than any state agency. Accordingly, prediction markets in North Carolina comply with CFTC regulations governing every aspect of their operations.

• Age requirements: Most exchanges allow people to start trading at 18 years of age. At the same time, North Carolina law bans gambling including sports wagering for anyone under the age of 21.
• Settlement rules: Exchanges list policies for how they will settle markets, including rules around how they will treat markets when results are disputed or events interrupt the expected flow of normal events. Users should familiarize themselves with these policies.
• Tax treatment of winnings: Although the North Carolina Dept. of Revenue and the IRS have yet to provide specific guidance on winnings from prediction market trading, it’s generally wise to consider such winnings as taxable income. Traders should keep detailed records of their activity and consult tax professionals to ensure accurate payment and reporting.

North Carolina law has established a 6% tax on the net revenues that exchanges take in from trades that qualify as having taken place in North Carolina. While this is a tax on the exchange operators and not traders, exchanges may pass the cost onto users through higher fees. It is important to note that tax is significantly lower than the 23% of gross revenue rate that legal sportsbooks pay in North Carolina.

How North Carolina works between products

North Carolina is home to legal online sportsbooks and the state governs that activity. The CFTC governs trading on prediction market exchanges, including sports event contracts.

Despite the separation in governance, some exchanges like DKeX and FanDuel Predicts do not offer sports event contracts in North Carolina. This is because the companies behind these exchanges also hold sports betting licenses in and do not wish to risk those licenses.

For example, Peter Jackson stated during Flutter’s Q3 2025 earnings call that the company believes that “the sports prediction opportunity lies solely in those states currently without sports betting access.”

Prediction markets could change in the future

North Carolina has taken the lead in embracing prediction market trading but many US states are in disputes with exchanges and the CFTC, especially in terms of the legality of sports event contract trading. Much of the gambling industry including both commercial and tribal operators have also come out against such activity in filing amici briefs in ongoing lawsuits and media campaigns.

The positions of these gambling companies and state governments is that prediction market trading is cutting into their revenues. However, the CFTC maintains its stance that federal law gives it exclusive oversight over exchanges and state governments have no place regulating the activity.

As a result, the US Supreme Court may eventually weigh in on all of the legal questions and that decision will affect trading in North Carolina. For that reason, prediction market traders should watch for updates closely.

Latest news updates

• July 2, 2026: Sports prediction market fight gets first Supreme Court filing
• July 2, 2026: Senate control in play as polls tighten, prediction markets send mixed messages
• July 1, 2026: North Carolina becomes third state to pass prediction market tax
• May 9, 2026: Roy Cooper is making prediction markets forget North Carolina is Republican territory

Things to know before you trade in North Carolina

Trading prediction markets in North Carolina as much as any other state always involves risk. Exchange users in North Carolina need to be aware of policies connected to trading as well.

• Exchanges maintain unique policies for many aspects of trading: While all the exchanges listed on this page comply with CFTC regulations, those regulations allow them to set their own policies in terms of payment methods they accept, transaction fees, settling rules, and market availability. Traders should not assume they will have identical experiences between the exchanges.
• Legal sports wagering also exists in North Carolina: Trading sports event contracts is different because you’re trading against other users vs. against the house at sportsbooks, sportsbooks set lines while users set contract prices, and different agencies regulate prediction market trading vs. sports wagering. Taxes are also lower on prediction market revenues compared to licensed sportsbooks in North Carolina. Amid all these differences, some exchanges like DKeX and FanDuel Predicts do not offer sports event contracts in North Carolina.
• Litigation could change prediction market traders’ experiences quickly: While many parties across the country take part in lawsuits pertaining to prediction markets offering sports event contracts, the decisions of various courts could have serious ramifications on the availability of contracts in North Carolina.